SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Health Care Cost Payments and Reimbursements

We account for these subsidies and discounts as a deposit in our consolidated balance sheets and as a financing activity under receipts (withdrawals) from contract deposits, net in our consolidated statements of cash flows.

	2023		2022		2021
	(in millions)
Part D subsidy/discount payments	$	(17,582)	$	(16,530)	$	(14,889)
Part D subsidy/discount reimbursements	18,353		18,498		14,628
Net reimbursements (payments)	$	771	$	1,968	$	(261)

We account for the payments of the federal government’s claims and the related reimbursements under deposit accounting in our consolidated balance sheets and as a financing activity under receipts (withdrawals) from contract deposits, net in our consolidated statements of cash flows.

	2023		2022		2021
	(in millions)
Health care cost payments	$	(7,073)	$	(7,110)	$	(6,943)
Health care cost reimbursements	7,130		7,135		6,898
Net reimbursements (payments)	$	57	$	25	$	(45)